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Profitable Furniture Factory For Sale

Romania
Asking Price:
€580,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
€1,400,000
Cash Flow:
€120,000

Furniture factory in Transilvania with long term contracts is looking for an investor or partnership. The factory produce a range of furniture products on profit. It has ferm external contracts for its products. The factory has over 20 yers experience on furniture market and experimented emploies.

It owns workshops, office space, raw material warehouse, products warehouse - around 3.300 sqm; Land (owned and conccesion) about 16.000 sqm.
It owns machinery / equipment for furniture production.

No long term debts, on profit. No semnificativ Covid19 influence.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

Near the factory it exist a house that can be subject of transaction.

Location:

The factory is located in an Transilvanian town near a highway, in a dinamic area of Romania.

Premises Details:

The company owns workspaces, warehouses, office space.
Good reputation with external partnerships.
Experimeced emploee.
Very good location, near a highway that tie up Romania to Europe.
Dinamic envirement - a town with a lot of local and foreign businesses.
Asets - 700.000 Euro.

Business Operation

Expansion Potential:

It exist posibility to extend the shifts. For the moment is working in a single shift.
Posibility to acces European grants for new machinery / new working space.
It exist a lot of land for product expantion.

Reasons for selling:

Retirement.

Trading hours:

08-17

Employees:
50
Years established:
Over 20

Other Information

Support & training:

Yes. The owner can manage the factory for 6 months - one year;
In case of partnership it can be a long term involvement.

Financing available:

Subject of negociations.